Culled—Proshare
December 19, 2016/Proshare MarketsThe performance of African Stock markets so far in 2016 has not been very impressive, looking at the current YTD performance, as most indices trade in the red zone.
A quick review of African stock markets performance reflects that the Egyptian EGX 30 Index tops the other African markets with +59.77% YTD gain and closely followed by Zimbabwe Securities Exchange and Casablanca indices with +28.77% and +22.13% gains respectively while the Mauritius SEM10 Index records the least gain of +0.20%.
However, Lusaka All Share Index records the highest loss of -26.06% and closely followed by the Ghana Stock Exchange Index and Uganda Stock markets with -20.59% and -14.14% losses in that order.
The Nigerian All-Share Index currently records –6.76% YTD performance as at 16th December, 2016.
